• Scam Alert. Members are reminded to NOT send money to buy anything. Don't buy things remote and have it shipped - go get it yourself, pay in person, and take your equipment with you. Scammers have burned people on this forum. Urgency, secrecy, excuses, selling for friend, newish members, FUD, are RED FLAGS. A video conference call is not adequate assurance. Face to face interactions are required. Please report suspicions to the forum admins. Stay Safe - anyone can get scammed.

Busy Bee Mill, B314, $2,000 - Georgetown

boilerhouse

Ultra Member

Screenshot 2023-02-16 at 11.12.09 AM.jpg
 
....... Well, I paid $175.00 for mine. While not the exact model, it's the same size etc. I got a steal of a deal on mine, but I don't think I would pay more than $500 if I was to do it again. For me, it's just too small for what I do, or want to do with it....... But, as Doug Marcarda would say, "it weel cut!":cool:
 
Well it does seem high to me, it appears to be in good condition and it includes some accessories.
I think those round column mills are pretty common and are likely to come up for sale more often. Personally (and I don't want to be flamed for my opinions) I think anything less than $1300 for that would be an OK deal. Lots of folks look at what a replace would cost now and want to price their equipment at %75 of that, buy there are also folks that bought a mill like that for maybe $800 brand new years ago, had some fun with it and would be pleased to get what they paid for it and some tooling.
 
What does everyone think?
It's a desert out here for equipment. Pricey? Definitely. Going rate? Yeah, not bad. Was at a local auction last fall, Lethbridge area. There was a model 30 round post mill/drill clone w/ a bit of tooling I was looking at, decent shape. I never even got a chance to bid. Auctioneer got down to $1700, bidding took off, sold for $3900! Suddenly 2 grand doesn't look so bad.
 
A king pdm-30 is 2800 -3000 new so if people want to pay double for something 30-40 y/o let them. The King mills are all in stock. It’s a desert of used equipment but new stuff is in stock just about everywhere.
 
These were the same Kijiji people that were selling toilet paper for $25.00 a roll :Dduring the pandemic…

I could be nasty and make a direct comparison, but I wont o_O :D

I think I paid less for my XLO. This world has moved so far away from where I thought I was I feel like Valentine Smith (you know, stranger in strange land?).
 
The delusional pricing we see in the used market is making it easy, just buy a new mill. I have got some good used tools in the past and others that end up costing you as much as new once having to fix them.
 
The delusional pricing we see in the used market is making it easy, just buy a new mill. I have got some good used tools in the past and others that end up costing you as much as new once having to fix them.
If unlimited cash for new was available, fine. Throw in GST/HST, a couple hunnert here & there for tooling, shipping, etc., etc., etc. Suddenly that $2800-$3000 looks more like $3500 or more.

For many (most?) on these boards, this is a hobby, not a business. Some retired & on a fixed budget, some unemployed. If saving a thousand bucks here & there means taking a chance & buying used gear at inflated prices, vs not getting one period at new prices, so be it. I haven't worked in over 3 years because the coof restrictions killed my small business. The last place I'm going to be looking is at new equipment websites. It's painful enough looking at used.
 
I think, personally we're headed back to the time when David Gingery developed his build your own machine shop from scrap series where commercial mills, lathes etc are out of reach of the average person but with one exception. The used market!

Having said that this is what Busy Bee has with roughly the same specifications including R8 instead of the MT series spindle.

Is the Busy Bee one any less robust? Not sure. Does one have to worry about the head twisting when raising/lowering? No.

I think I'd buy the new small one without the round column first.
 
Let me start by saying I am sincerely empathetic to anyone who was financially impacted by the pandemic and/or lost their job, business or otherwise. I just can’t stand greedy, delusional Kijiji folks. The pandemic brought the best in many of us and it brought out the greed and exploitive nature in others. I totally get where you’re coming from and I have been there. I just believe we should boycott price gouging so we get back to when used stuff sold for a proportionally used price.
 
So, instead of spending $2000 on used, we should spend $3500 on new. Sounds like cutting off your nose to spite your face.

In reading a number of posts on the topic, list prices on new stuff have skyrocketed, as well. How do you control that? You can't. It's a free market. If used prices go up, people will buy new. If new prices go up, due to demand, so will used. If everybody stops buying, they'll both go down.
 
So, instead of spending $2000 on used, we should spend $3500 on new. Sounds like cutting off your nose to spite your face.

In reading a number of posts on the topic, list prices on new stuff have skyrocketed, as well. How do you control that? You can't. It's a free market. If used prices go up, people will buy new. If new prices go up, due to demand, so will used. If everybody stops buying, they'll both go down.
I too have been a bit confused.

What someone paid for something X years ago has absolutely nothing to do with what it should sell for now. So if someone paid say $400 for a mill and used it in hobby conditions maybe 25 times so it still in effect looks brand new what's to say the resale value isn't $400 less than a new one for $2400? Not everyone has that extra $400 that could be spent on tooling.

What about the mill bought say N years ago for $3399 (just shy of $3400). If the only thing available even close in size and mass is now $9000 what's a reasonable resale value? Now if it's been upgraded to ball screws and CNC and the closest similar in mass/size system is $20K what's a reasonable resale value?

Unlikely a hobby type will buy it. But then also unlikely a hobby type will buy one of these either.
 
I too have been a bit confused.

What someone paid for something X years ago has absolutely nothing to do with what it should sell for now. So if someone paid say $400 for a mill and used it in hobby conditions maybe 25 times so it still in effect looks brand new what's to say the resale value isn't $400 less than a new one for $2400? Not everyone has that extra $400 that could be spent on tooling.

What about the mill bought say N years ago for $3399 (just shy of $3400). If the only thing available even close in size and mass is now $9000 what's a reasonable resale value? Now if it's been upgraded to ball screws and CNC and the closest similar in mass/size system is $20K what's a reasonable resale value?

Unlikely a hobby type will buy it. But then also unlikely a hobby type will buy one of these either.
Agreed, what someone paid has no relevance on current value

Classic muscle cars were $3-6k new in their era, yet they commonly sell for many times that today, as an example
 
Classic cars prices went completely crazy, part of that from all the TV shows and auction prices but also the labour costs for quality paint jobs etc. I picked up a 65 Mustang Fastback in high school late 70's for 2k. At the time coups were a dime a dozen you could pick one up for a few hundred.

I restored it and tweaked it and raced it and just assumed that I would never get back a fraction of what I paid but it was a passion and the fun was worth it. Good clean fastbacks sell for 50-100k now.

On the other hand when selling on Kijiji it seems standard practice is for people to offer 50-75% of asking so it seems like half the listings start 25-50% higher than they expect to get.
 
Back
Top